Lockdowns and vaccines work. Oops, no vaccines yet. Wonder what's left. Aah yes, effective testing and tracking. 5 out of 10, mate. C'mon USA get with the program!!!

Memorial Day tempts Americans outdoors, raising virus fears

China 15, Harlequins 3.

China condemns 'gross interference' by UK, Australia and Canada over HKSAR

Playing politics with elections looming and trailing.

US-China Escalation Sinks Hong Kong and Hits Risk Appetites

True inflation is driven by the size of the output gap (real GDP ceiling less actual real GDP). Also in recent years it goes beyond US borders to include burgeoning world trade and low costs of oil (very competitive pricing). So monetary policies ...

JPMorgan Sees ‘Currency Debasement’ Payback Risk From Stimulus

Thank you for this post. Each country is a mix of saint and sinner and its really intelligent to have a debate on the richness of the mix.

The US & Taiwan play tricks at a low cost. We'll make them feel pain in places they can't...

In line with a shift in policy which perhaps attacks CCP but not China as a whole then we might be getting somewhere. USA is too used to picking on countries (USSR, Russia, Iran, North Korea and so on) rather than political groups within countries. ...

The US & Taiwan play tricks at a low cost. We'll make them feel pain in places they can't...

It is true in a sense because USA policies in recent years have assisted the CCP greatly in driving a much needed wedge between Chinese people and Western political attractions. Australia is supporting an anti-Chinese bias when it could very well ...

Chinese state media labels Australia ‘the dog of the United States’

Road sign - Deflation: Straight ahead.

Consumer price inflation, UK: April 2020

Kudlow has betrayed his own utterings over the years and, invited to have dinner with him, I would impolitely say No. When people desert their own well articulated philosophy without explanation there is no point in trusting that individual. From ...

Kudlow: We will need to have some pro-growth incentives for the US economy

These posts have no mention of forex implications so far. In a global crisis always bet on the strongest country/economy and that's US. After that its Germany, then China. Look for grips on reality - not from the leaders but their people.

Kudlow: We will need to have some pro-growth incentives for the US economy

New Zealand is of course a very small example but with few new cases cemented in over the past month the lessons for Covid success appear to be glaringly obvious and not yet widespread enough in use to provide any confidence, yet, in a positive risk ...

As lockdowns ease, commodity currencies cautiously move up

Next time it could very well be a kangaroo or wallaby pandemic out of Wallaroo then it will be the Aussies under the spotlight. It is human nature to blame someone else for all your ills and the list of favourite sources of failure is long indeed - ...

Japan, EU back Australia's push for coronavirus inquiry

All countries need to consider negative rates. It's real rates which matter.

Bank of England looking more urgently at negative rates, riskier assets: Haldane

If you can keep your head while all around....... A lesson soon forgotten is that crises of all sorts happen all the time. Media feel (and have a vested interest) that the best message is doom and gloom such as these posts and 'climate change' ...

Bank of England looking more urgently at negative rates, riskier assets: Haldane

The main reasons for the Strategic Alliance 75 years ago are vastly different today but still with very delicate balances - nuclear energy/nuclear weapons; terrorism/fake Islam/hollow history/regional crises ongoing; economic sanctions/NATO/Russia ...

Trump told Saudis: Cut oil supply or lose U.S. military support - sources

Never hold a hand grenade with no pin. And many other helpful comments... Here the idea is to catch the handle and not the point nor blade. Intelligence, skill, common sense, experience and luck.

Never Catch A Falling Knife

The most relevant comment I feel I can make is that Stephen Roach is well worth listening to having listened to him for 30 years and found him to be reliably objective, well grounded in theory and plugged into real data and the real world. Compared ...

The End of the US-China Relationship

Every price depends on derived demand for the good. Short term derived demand for oil has been slashed. The big factor is CV19 so the timing of pricing will depend on killing CV19. Other factors are irrelevant.

Up to '30,000 UK jobs may go' in crisis for oil industry

There is little comprehension that until the C19 can be fully contained there is no chance that an abatement of cases means an absence of cases at the margin. Between now and a vaccine/antibody/other, the pressures towards isolation remain very ...

The reins are pulled on the risk recovery with equities on the brink of a breakout

In the kingdom of the blind, the one-eyed man is king. Sorry, couldn't help myself. Seriously, for traders is the EURCHF volatility risk with SNB eyeing parity with its one eye ready to strike at a EUR fall.

Macron: Europe has no future if we can't find a response to this shock